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4950 W Gunnison Street
Chicago IL 60630 US

$475,000

Active Under Contract Listing ID 12698253
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4 bed
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2.00 Bath (2 Full)
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Other

$475,000

Active Under Contract Listing ID 12698253
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4950 W Gunnison Street Situated on an extra wide lot in a premier location of Jefferson Park, this turnkey 2 flat presents an extraordinary opportunity for investors, multi-generational living, or house hackers - live in one unit and generate income leasing the other unit! Both bright and airy apartments feature 2 bedrooms with walk-in closets, 1 bath, tall ceilings, formal living and dining rooms, charming breakfast nooks, and a private 1st floor deck. Enjoy total peace of mind with key recent updates, including newer furnaces (2024), a brand new 2nd floor water heater (2026), and a modernized 2nd floor kitchen with updated cabinets, counter top, backsplash and faucet (2023). An enclosed rear staircase connects both levels to a massive unfinished basement and attic, offering value add potential for a duplex-up expansion or a single family conversion. Outside, a fully fenced landscaped yard leads to a 2 car garage offering additional storage or rental potential. Ideally positioned near Beaubien Elementary district, the Blue Line, Metra stations, bus routes, I-90/94, multiple forest preserves, many grocery stores, and neighborhood favorites like Gale Street Inn and Westons Coffee & Tap Co., this versatile property delivers unbeatable convenience, flexible living options, and immediate income potential!

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 2
  • Roof Type: Asphalt
  • Heating Fuels: Natural Gas
  • Additional Features
  • Basement

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 475000
  • unparsedaddress: 4950 W Gunnison Street
  • postalcity: Chicago
  • stateorprovince: IL
  • country: US
  • postalcode: 60630
  • bathroomsfull: 2
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 41.969146
  • longitude: -87.752254
  • listagentfullname: Tiffany Razo
  • listagentemail: tiffany.razo@compass.com
  • listagentkey: 3yd-MREDIL-891200
  • listagentmlsid: 891200
  • listagentofficephone: 6306649075
  • listofficekey: 3yd-MREDIL-87291
  • listofficemlsid: 87291
  • disclaimer: Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 1911
  • listingcontractdate: 2026-07-29
  • listagenturl: https://www.compass.com/
  • countyorparish: Cook
  • parcelnumber: 13094260180000
  • elementaryschooldistrict: 299
  • middleorjuniorschooldistrict: 299
  • highschooldistrict: 299
  • constructionmaterials: Vinyl Siding
  • heating: Natural Gas
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 2
  • parkingfeatures: Garage, Open
  • roof: Asphalt
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Basement, Bathroom 1, Bedroom 4, Bedroom 1, Bedroom 2, Bathroom 2, Bedroom 3
  • basement: Full, Unfinished
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -87.75225, 41.969147
  • openhouse: { "AppointmentRequiredYN": false, "ListingKey": "3yd-MREDIL-12698253", "OpenHouseEndTime": "2026-08-02 15:30:00", "OpenHouseId": "6990060", "OpenHouseRemarks": null, "OpenHouseStartTime": "2026-08-02 13:30:00", "OpenHouseType": null, "VirtualOpenHouseURL": null }
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Compass", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"tiffany.razo@compass.com", "ListBrokerageCity":"Chicago", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Compass", "ListBrokeragePhone":null, "ListBrokeragePostalCode":"60657", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"3033 N Clark St", "ListBrokerageWebsiteUrl":"https://www.compass.com/", "ListOfficeAddress1":"2350 N. Lincoln Ave ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"87291", "ListOfficeCity":"Chicago", "ListOfficeCountry":"US", "ListOfficeEmail":null, "ListOfficePostalCode":"60614", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Chicago, IL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/4950-W-Gunnison-St_Chicago_IL_60630_M82487-43342?f=listhub&s=MREDIL&m=12698253&c=rexren", "MLSModificationTimestamp":"2026-08-04 22:25:03", "Neighborhoods":[{"Description":null, "Name":"CHI - Forest Glen"}], "PostalCode":null, "RoomCount":10, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":6492, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 8/4/2026 10:28:03 PM GMT
Source Updated Date: 8/12/2026 12:47:41 PM GMT

Courtesy of: Tiffany Razo, Compass, tiffany.razo@compass.com

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.